SCHEDULES
SCHEDULE 3Amendments of remaining provisions of the Companies Act 1985 relating to offences
Destruction, mutilation etc of company documents
I14
1
For subsection (3) of section 450 of the Companies Act 1985 (offence of destroying, etc company documents) substitute—
3
A person guilty of an offence under this section is liable—
a
on conviction on indictment, to imprisonment for a term not exceeding seven years or a fine (or both);
b
on summary conviction—
i
in England and Wales, to imprisonment for a term not exceeding twelve months or to a fine not exceeding the statutory maximum (or both);
ii
in Scotland or Northern Ireland, to imprisonment for a term not exceeding six months, or to a fine not exceeding the statutory maximum (or both).
2
Omit subsection (4) of that section.